The US Senate voted to lift the ban on banks providing cryptocurrency storage services. H.J.Res.109 expressed disapproval of Accounting Bulletin 121 (SAB 121), issued by the Securities and Exchange Commission (SEC) two years ago. The bulletin provided accounting guidance for banks seeking to ensure the safety of their clients' crypto assets. The resolution passed the House of Representatives last week with 55% of the vote in favor. President Joe Biden has promised to veto the resolution, but some are optimistic that the result of Thursday's vote could force the administration to change its mind.